Bojun Education Company Limited
1758.HK
Hong Kong Stock Exchange0.13
HKD
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Bojun Education Company Limited
1758.HK
(Hong Kong Stock Exchange)
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0.13
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- Business
- Bojun Education Company Limited (1758.HK), an investment holding company incorporated in the Cayman Islands in 2016 and listed on the Hong Kong Stock Exchange in 2018, provides private education services in China through structured contracts with PRC operating entities. The Group operates through three segments: for-profit kindergarten and high school education services including tuition and boarding fees at Riverside Kindergarten and Tianfu High School; vocational education services at Winshare Vocational College, offering higher vocational programs in fields such as nursing, intelligent manufacturing, early childhood education, new energy vehicles, numerical control technology and industrial robot technology across campuses in Chengdu and Suining, and Zhengzhuo Vocational School, providing secondary vocational education with pathways to higher vocational, junior college, undergraduate and study abroad opportunities; and education consultancy and management services encompassing curriculum design, teacher training, student recruitment, public relations, strategic planning, financial management and operational support. It also offers ancillary services such as eco-tourism agriculture and exhibitions. Headquartered at No. 209 Sanse Road, Jinjiang District, Chengdu, Sichuan Province, the Group primarily serves students in Sichuan Province with approximately 28,932 enrolments as of September 2025, including 27,881 vocational students, 1,007 high school students and 44 kindergarten students, supported by around 2,116 employees. Recent major changes include the completion of acquisitions of Winshare Vocational College and Zhengzhuo Vocational School on 31 August 2023 to enter the vocational education sector; closure of Lidu Kindergarten in September 2024 due to declining birth rates with deregistration in March 2025; multiple supplemental agreements with Hongde Guanghua and Pengzhou Bojun School regarding disposal proceeds payment terms, the latest in September 2025 extending instalments to August 2029; recognition of impairments on goodwill, property, plant and equipment and right-of-use assets in the year ended 31 August 2025; and securing financial support commitments up to RMB800 million from controlling shareholders alongside new banking facilities post-year end to address net current liabilities and going concern uncertainties.